Why Is Crypto Down Today? – October 22, 2025

Cryptocurrency Market Overview - The global cryptocurrency market capitalization has decreased by 1.0% to $3.74 trillion, with a 24-hour trading volume of $238 billion, indicating a slowdown in market activity [1] - Among the top 10 cryptocurrencies, 8 have experienced declines, with Bitcoin (BTC) down 0.8% to $107,735 and Ethereum (ETH) down 1.5% to $3,831 [3][7] - The only notable gainer is Lido Staked Ether (stETH), which increased by 1.0% to $3,828 [4] Notable Performances - MonbaseCoin leads the gainers with a 5.6% rise, followed by EVAA Protocol at +4.0% and GeorgePlaysClashRoyale at +40.2%, showcasing standout performances in a generally declining market [5] - Early Bitcoin whale Owen Gunden transferred 364 BTC, valued at approximately $40.25 million, to the Kraken exchange, while still holding 10,959 BTC worth around $1.19 billion [5][7] Market Sentiment and Trends - The Fear & Greed Index has dropped to 29, indicating a state of fear in the market [7] - Bitcoin faces resistance levels between $110K and $112.8K, with support around $106.6K, while Ethereum is consolidating between $3,750 and $4,250 [7]